About your Search

20121002
20121010
Search Results 0 to 0 of about 1
's the first time in 11 quarters should they care. joining me now is dan greenhouse and michael from forbes magazine and co-host of sports money. that's an emmy-award winning show by the way. dan greenhouse, welcome back. you're quoted in in story as saying, yeah, earnings are down but it doesn't matter. the kudlow axiom is profits are the heart of stocks. why are you so unworried about profits falling? >> the quote that the junl took me from later down in the article was simply this is a game that gets played quarter after quarter, year after year between up analysts and forecasters in companies. we pretend as if -- companies are very good at guiding analysts lower and coming in above that. >> the investors are fooled by that bs? >> when the world was ending fire and brim stone, 55% companies beat analysts. >> i'm more concerned. the ratio of negative preannouncement is at 4.3. the historical ratio is 2.5. we've seen companies squeeze everything they can on to expand margins, sales for employees is up 30% since 2009. what concerns me the most is before this quarter began, they were looking
Search Results 0 to 0 of about 1